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COVID-19: Tuesday Morning Files for Bankruptcy

The off-price retailer cited COVID-19 as the cause of its financial struggle

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Tuesday Morning (Dallas) announced that it has filed for Chapter 11 bankruptcy and cited its temporary closures due to the COVID-19 pandemic as the cause of its “insurmountable financial hurdle,” Retail Dive reports.

The retailer also plans to close roughly 230 of its 687 stores this summer. It has reportedly also asked for court permission to close 132 stores as part of its initial closing phase.

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